408/16 Masters Street, Newstead, QLD 4006 sold on 28 March 2025 | OnTheHouse
 
SOLD
Sold on 28 Mar 2025 for $585,000

408/16 Masters Street
Newstead QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 408/16 Masters St, Newstead

408/16 Masters St, Newstead is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 1 bedroom Apartment sold in Newstead in the last 12 months.

Building Type
Apartment

Last Listing description (March 2025)

A haven of sophistication, this appealing apartment at boutique 'Lumira' is stylishly presented and provides a great sense of comfort, across a spacious layout. The convenient locale is within a short walk of Gasworks Plaza, Waterfront Park, bars, popular restaurants and vibrant cafes.

Features of the thoughtfully considered layout include boldly striking interiors that seamlessly transition onto a breezy balcony with urban views. For residents, the rooftop terrace is the place to be, with its barbecue facilities, perfect settings for sunset drinks, and sweeping city skyline backdrop.

• Pared back casual living/dining area with natural toned décor

• Undercover outdoor entertaining space of generous proportions
• Kitchen equipped with stainless steel appliances, gas cooking
• Impressive bedroom has integrated cabinetry and study nook
• Enjoys direct access to balcony and practical two-way bathroom
• Separate laundry, plentiful storage to keep things organised
• Natural light throughout, ceiling fans and air conditioning
• Professionally managed complex, secure allocated parking space
• Stroll to Teneriffe Ferry Terminal, buses to commute to the CBD

Newstead is a hub of activity and from this outstanding property, you're moments from The Valley Pool, fitness centres as well as kilometres of riverfront walkways. When the weekend rolls around, you can be at James Street, Howard Smith Wharves or the city in no time, to catch up with friends.

We recommend calling today about this luxe escape in lifestyle driven Newstead.

Disclaimer - We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate,but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information provided.

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Property History for 408/16 Masters St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$585,000
28 Mar 2025
  • 28 Mar 2025
    Sold for $585,000
  • 28 Feb 2025
    Listed for Sale Offers over $585,000
  • 02 Sep 2014
    Sold for $415,000
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About Newstead 4006

The size of Newstead is approximately 0.9 square kilometres. It has 3 parks covering nearly 8.2% of total area. The population of Newstead in 2016 was 2193 people. By 2021 the population was 7496 showing a population growth of 241.8% in the area during that time. The predominant age group in Newstead is 20-29 years. Households in Newstead are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newstead work in a professional occupation.In 2021, 27.70% of the homes in Newstead were owner-occupied compared with 37.60% in 2016.

Newstead has 5,758 properties. Over the last 5 years, Houses in Newstead have seen a -43.32% decrease in median value, while Units have seen a 79.99% increase. As at 30 November 2025:

  • The median value for Houses in Newstead is $614,474 while the median value for Units is $981,655.
  • Houses have a median rent of $775 while Units have a median rent of $780.
There are currently 18 properties listed for sale, and 2 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 397 properties were sold in the past 12 months in Newstead.

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The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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